2006 Kentucky Revised Statutes - .502   Partner\'s transferable interest in partnership.

362.1-502 Partner's transferable interest in partnership. The only transferable interest of a partner in the partnership is the partner's share of the profits and losses of the partnership and the partner's right to receive distributions. The interest is personal property. Effective: July 12, 2006 History: Created 2006 Ky. Acts ch. 149, sec. 43, effective July 12, 2006. Page 1 of 1

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